The American health company Welgistics Health has announced its intention to use XRP not only as an investment vehicle, but as a payment instrument and a profit mechanism. The documents filed with the Securities and Exchlandice Commission (SEC) of the United States indicate that XRP has been integrated into its business model.
The lawyer Ripple and the lawyer Bill Morgan common on security, saying: “This S-1 file presents a strategy to integrate XRP not only as an actor, but Intonto, the financial and operational structure of the company.” According to Morgan, WELISSTICS Health aims to use the XRP LEDGER XRP The infrastructuructucturctucturctucturucturucturctucturucturucturucturucturureurinininerire to treat partners of the partners in A. in an emotional and real -time manner. This initiative is coverage as an expression of the actual use of XRP in business payments to business.
The same document also describes the company’s plans to have fun flourishing the issue of shares or bonds in the future and using them to buy additional XRP. The company intends to use the XRP acquisition as guarantee to collect funds and take advantage of XRP -based transactions. Bill Morgan commented on it as “an example of how XRP can go beyond being a simple investment vehicle and works as a means of payment and guarantee”.
How, these statements have triggered mixed reactors with the cryptocurrency community. While the supporters of XRP consider the initiative as a case of positive use, some experts have expressed squepticism as to the financial structure of the company. The former securities lawyer Mark Fagel stressed that the real assets of Welgisics Health are limited and that his recent financiers include a “Continue to open” warning. There was also a criticism that XRP COUELF was used as a marketing tool.
* These are not impact advice.
